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Built in 1972 - 399 units - 5 floors

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Building Information

Tropic Bay

Number of units: 399
Active listings for rent: 5
Active listings for sale: 16
Building inventory for sale: 4%
Number of sales over the last 12 months: 37
Number of sales over the last 6 months: 18
Number of sales over the last 3 months: 12
Avg. time to close over last 12 months: 93 days

Address

901-931 Gardenia Dr, Delray Beach, Palm Beach, FL, 33483

Tropic Bay Condominium
Address: 2801 Florida Blvd,
Delray Beach, FL 33483
Phone: +1 561-272-1094

Link: https://tropicbayfl.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
263 1,200 sq ft Feb 2026 $285,000 $238
263 1,200 sq ft Feb 2026 $285,000 $238
307 1,009 sq ft Feb 2026 $253,500 $251
307 1,009 sq ft Feb 2026 $253,500 $251
538 1,200 sq ft Feb 2026 $325,000 $271
431 1,200 sq ft Feb 2026 $325,000 $271
431 1,200 sq ft Feb 2026 $325,000 $271
538 1,200 sq ft Feb 2026 $325,000 $271

Market Information

Building vs Area

Tropic Bay: $256/sq. ft.
Delray Beach: $337/sq. ft.

Area vs City

Delray Beach $337/sq. ft.
Palm Beach $456/sq. ft.

Inventory for sale

Delray Beach: 5%
Palm Beach: 6%

Avg. time to close over last 12 months

Tropic Bay 93 days
Delray Beach: 75 days
Palm Beach: 78 days